Wendy O
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OpenAI CEO Testifies on Capitol Hill; GREED Token's Lesson Amid Meme Coin Mania
"The Hash" hosts break down some of the top stories shaping the crypto industry today, including OpenAI CEO Sam Altman testifying before Congress on artificial intelligence oversight. Separately, Bitcoin technology and financial services company River has raised $35 million in a Series B round, with participation from billionaire investor Peter Thiel. Plus, lessons learned from a social experiment called GREED.
SEC Seeks to Slash $22M Fine on Crypto Firm LBRY; Paul Tudor Jones on State of Bitcoin in the U.S.
"The Hash" hosts discuss some of the top stories facing the crypto industry today, including hedge fund manager Paul Tudor Jones saying that bitcoin (BTC) has become less attractive thanks to an unfriendly regulatory picture in the United States. Separately, the SEC wants to revise a $22 million penalty set on crypto startup LBRY to $111,614, according to court documents. And, Worldcoin, the crypto project led by OpenAI CEO Sam Altman, is reportedly "in advanced talks" on a new round of funding worth $100 million. Finally, CoinDesk Chief Insights Columnist David Z. Morris sheds light on the ties between Sam Bankman-Fried and disgraced Congressman George Santos.
Elon Musk Says Twitter Has Found a New CEO; Draft Text Reveals EU Crypto Tax Plans
"The Hash" team covers the biggest headlines shaping the digital assets industry today, including Elon Musk noting that crypto's town square, Twitter, has found a new CEO. Musk didn't identify his replacement by name but said she'll start in about six weeks. This comes as a draft bill released to CoinDesk under freedom of information laws indicates the European Union plans to force crypto companies to give tax authorities details of their client's holdings.
Do Kwon's Attorneys Propose $437K Bail; Bitcoin Miner Marathon First-Quarter Earnings Beat Estimates
"The Hash" team discusses the biggest stories shaping the crypto industry today, including attorneys for Terraform Labs founder Do Kwon proposing he be let off on supervised bail as he faces charges in Montenegro for attempting to travel with falsified documents. This comes as Marathon Digital Holdings reported a narrower-than-forecast first-quarter loss per share as a rising bitcoin price and increased production helped lift one of the largest publicly traded crypto miners in North America back toward profitability.
Su Zhu Obtains Restraining Order Against Arthur Hayes; Joint House Hearing on Crypto’s Future
"The Hash" panel covers the biggest headlines shaping the crypto industry today, including Su Zhu, co-founder of defunct crypto hedge fund Three Arrows Capital, obtaining a restraining order against Arthur Hayes, co-founder of the BitMEX trading platform, from a Singapore court. Separately, an unusual joint meeting of the two most crypto-relevant committees in the U.S. House of Representatives was called to work out the best legislative approach to digital assets.
Blue Chip Firms Join Global Blockchain Network; World Effect of Soaring Bitcoin Network Fees
"The Hash" tackles today's hot topics: Private equity giant Apollo is part of a bid to buy bankrupt crypto lender Celsius. Fintech firm Digital Asset is launching a blockchain network with some big names like Microsoft, BNP Paribas and Deloitte, among others. Pudgy Penguins raises millions in new capital for its NFT project. Global consequences are being felt as transaction fees on the Bitcoin network surge.
